posted
Is anyone here familiar or knowledgeable about tax laws regarding out-of-court medical settlements (i.e. taxation on lump sum settlements)?
Posts: 1480 | Registered: Dec 2004
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Boon
unregistered
posted
Sure. Shoot me an email if you don't want to discuss it here.
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Good move getting the structure though, I used to work for a company that did structured settlements (heck, you might have even used them in your case) and it almost always turned out to be a better solution for the plaintiffs than one big cash settlement.
Posts: 21898 | Registered: Nov 2004
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posted
Lyr, I didn't put the details out there for common knowledge, so you can hardly be faulted for not knowing
The structured payments were our biggest goal, to basically allow our daughter a sense of financial security throuhgout her life.
Posts: 1480 | Registered: Dec 2004
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